Unit Linked Insurance Policies (ULIPs) have costs and charges under several heads. It is important that you know what they are BEFORE buying a policy. Some policies will waive some ... Read more
Unit Linked Insurance Policies (ULIPs) have costs and charges under several heads. It is important that you know what they are BEFORE buying a policy. Some policies will waive some charges or refund them after a certain number of years. While a waiver is undoubtedly positive, note that a refund does not take into account inflation. Hear this episode to find out the 5 major heads of ULIP charges. Link to the article by Deepti Bhaskaran: https://bit.ly/2O172n2 Read more
A surrender is a premature termination of a life insurance policy. In return, you get what is known as the surrender value. In a term insurance policy, there is no surrender value. ... Read more
A surrender is a premature termination of a life insurance policy. In return, you get what is known as the surrender value. In a term insurance policy, there is no surrender value. If you terminate the policy your insurance cover stops. Listen to this episode of why not mint money to find out whether or not you should surrender your life insurance. Read more
You only need life insurance if you have financial dependents. If you are only looking to invest, you should NOT be ‘investing’ in life insurance. Insurance is a poor investment an ... Read more
You only need life insurance if you have financial dependents. If you are only looking to invest, you should NOT be ‘investing’ in life insurance. Insurance is a poor investment and you can get better returns and lower costs in mutual funds. Read more
The importance of having equity in your portfolio has been emphasized enough but one also needs appropriate debt allocation. From building an emergency fund to planning for your sh ... Read more
The importance of having equity in your portfolio has been emphasized enough but one also needs appropriate debt allocation. From building an emergency fund to planning for your short-term goals to retirement, having good debt exposure might be a good idea. We tell you about different debt instruments that you can identify for different needs. Read more
You may want to file a complaint against your bank for a host of reasons. Though approaching the bank's grievance redressal department may be your first instinct, it may not always ... Read more
You may want to file a complaint against your bank for a host of reasons. Though approaching the bank's grievance redressal department may be your first instinct, it may not always be helpful thus pushing you to escalate it further. Mint's Disha Sanghvi explains the processing of filing a complaint against your bank with the banking ombudsman. Read more
Having too many bank accounts does no good to your financial lives because you're required to maintain an average quarterly balance. If you think you have too many bank accounts wi ... Read more
Having too many bank accounts does no good to your financial lives because you're required to maintain an average quarterly balance. If you think you have too many bank accounts with very little activity, it's best to close them. Mint's Disha Sanghvi explains how you can go about closing a bank account. Read more
Carrying physical copies of all your documents everywhere you go is a real task. And then there's the fear of losing or misplacing them as well. But what if you had a digital solut ... Read more
Carrying physical copies of all your documents everywhere you go is a real task. And then there's the fear of losing or misplacing them as well. But what if you had a digital solution to this problem? Yes, that's right. Mint's Disha Sanghvi explains how you can use a DigiLocker account. Read more
Are expensive flight tickets stopping you from going for that fancy abroad holiday? Well, what if there were some hacks that could help you book cheaper flight tickets online? Yes, ... Read more
Are expensive flight tickets stopping you from going for that fancy abroad holiday? Well, what if there were some hacks that could help you book cheaper flight tickets online? Yes, you read that right. Listen to this podcast by Disha Sanghvi from Mint's personal finance team for some quick tips. Read more
If you're planning on getting a credit card, the wide variety of options could overwhelm you, pushing you to go for a card that isn't really the one that best suits your needs and ... Read more
If you're planning on getting a credit card, the wide variety of options could overwhelm you, pushing you to go for a card that isn't really the one that best suits your needs and spending pattern. Listen this episode of Why Not Mint Money to understand how you should go about picking the right credit card. Read more
There are many reasons why you may not be happy with your health insurance plans, but the good news is you can always port your policy to a better plan. We tell you about portabili ... Read more
There are many reasons why you may not be happy with your health insurance plans, but the good news is you can always port your policy to a better plan. We tell you about portability and how it’s done. Read more
